... yes Hugh, you understood that right.
It seems highly unlikely that the pulsation process of the M star would produce regular density variations in the outer atmosphere of the star, which could explain the 42 d V/R period of the partially eclipsed disk.
However, nodding oscillations of the disk, caused by the precession of the rotational axis, as encountered in decretion disks of Be stars (Martin et al., 2011; Schaefer et al., 2010), could plausibly explain the periodic V/R variation.
The causes of precessions are not clear, but Hummel (1998) suggested that they might be induced by tides from a binary companion.
The clearly detected period of "only" about 42 days might mean that the mass and/or the diameter of the accretion disk must also be "correspondingly small".
For a better understanding, the following link shows an animation of the disk nodding of zeta Tau, based on investigation of Schaefer et al. in "The Astronomical Journal" 140, 1838-1849, 2010:
http://astrospectroscopy.de/media/files ... g_slow.AVIBest wishes,
Ernst